While some companies will need government assistance others are becoming part of the solution COMMENT | DAMBISA MOYO | If the 2008 global financial crisis laid bare the worst of capitalism, the private sector’s response to the COVID-19 pandemic is already showcasing the very best. COVID-19 cases have now surpassed …
Read More »
Government should align the COVID -19 prevention and control mechanisms with the mental health challenges COMMENT | ANTHONY ODUR | The COVID -19 preventative and control measures in place till May 05, 2020 and the insurmountable updates transmitted through radio, television, and social media platforms are well founded. However these …
Read More »
It’s time to test the transparency and accountability that this government boasts of and preaches as its principles COMMENT | MICHEAL ABONEKA | First, Parliament approved a supplementary budget of Shs284 billion to fight COVID-19. This was approved under Addendum 2, of the Supplementary Expenditure Schedule No. 2 for Financial …
Read More »
How paying lip service to fighting corruption tendencies is undermining surveillance systems in East African region COMMENT | NATHAN WERE | East Africa, like the rest of the world, is battling one of the most challenging pandemics in history – the Coronavirus. East Africa’s over 170 million people are under …
Read More »
Why the lockdown should be a reminder to strengthen local council courts for improved access to justice COMMENT | MUKALAZI DEUS MUBIRU | On March 18, 2020, the President of Uganda announced a 32-day long lockdown in an effort to manage the spread of the COVID19. The measures were published …
Read More »
When the first cases of coronavirus were detected in December 2019, no one could have ever predicted that it would lead to a pandemic. AZA Trading Desk Manager, Mungai Murega shared insights with The Independent on the economic toll of COVID-19 and potential ways in which African businesses can …
Read More »
Bank of Baroda has recorded a 38% drop in net profit to Shs 45.3bn for the year ended Dec. 2019 but the management hope for better performance in future as it embarks on massive digitalisation. Kampala, Uganda | ISAAC KHISA | The bank’s latest financial performance also shows that whereas …
Read More »
How to ensure poor people in cities can still get it | ASTRID R.N HAAS | More than half of all African countries have now imposed lockdown measures aimed at flattening the curve of new COVID-19 infections. The reason for taking such drastic measures while infection rates are still relatively …
Read More »
Shareholders will now not be able to vote on resolutions such as dividend payments, changes to directorships, approval of accounts within stipulated timeframe Kampala, Uganda | ISAAC KHISA | Uganda’s listed firms had big plans for their annual shareholders meeting (AGM) starting next month, giving opportunities to their owners and …
Read More »
As Africa heads towards recession, it’s not easy to know where to invest. Akinyi Ochieng and Isaac Kwaku Fokuo, Jr. highlight three areas that are likely to fare better during the downturn Back in January, Africa’s economic outlook for the year was bright. African Development Bank projections predicted 3.9% growth in 2020 and …
Read More »
The Independent Uganda: You get the Truth we Pay the Price